Note: Excellent investment opportunit! Classic architecture, strong brick construction, great rental histories, layouts & varieties, generous cap rates & possible owner financing will surely not disappoint! 433 E. 1st Ave has 4 fully leased income producing units & a rented 2 car garage. 437 E. 1st Ave (which is the bldg next door) has 3 units & 2 garages,is also for sale & uses the attached upstairs fire escape. There is an offstreet parking lot for 20+ cars in the rear of the bldg. Insulated hot water piping & rezoned heating system recently added. Flexible mo to mo leases. Tenants pay elec hot wtr. Recently added thermostat limiters to significantly lower heating expenses & raise NOI, along w/natural gas conversion.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
